International Cannabis Weekly: 134

• Prohibition Partners launches The European Cannabis Report: 5th Edition.
• Cannabis experts, politicians and scientists gather in Spain for Cannabis Europa Madrid.
• Food Safety Authority claims CBD foods are not properly authorised in the UK.
• Massachusetts reports US$445.1 million in recreational cannabis sales over 2019.

• Swiss programme for adult-use cannabis to only allow Swiss-grown organic cannabis.
• Amsterdam looks to bar foreign visitors from buying cannabis.
• Europe is the emerging market to attract North American investment.
• A number of CBD products are urgently recalled in Ireland following the detection of THC.
• Polish pharmacies face medical cannabis shortage as demand grows and imports slow.
• Croatian MP says she will soon be introducing a recreational cannabis legalisation bill.
• CBD oil is now available over the counter in some Belgian pharmacies.
• Green party proposes a cannabis pilot programme in North Rhine-Westphalia, Germany.
• Justin Bieber’s manager joins US$22m funding round for German cannabis start-up.
• Cannabis Europa London to take place on 22nd and 23rd June 2020.

• New report finds nearly 250,000 Americans are working in legal cannabis.
• Many Canadian cannabis companies have less than a year’s worth of ‘available liquidity’.
• Virginia gets closer to cannabis decriminalisation as Senate and House pass similar bills.
• Cannabis vapes to be made available in Alberta ‘within the next few weeks’.
• Ontario launches consultation on legal cannabis use in lounges and at outdoor festivals.
• A cannabis ‘blank cheque company’ raises US$150 million in initial public offering.
• Aurora aiming for a turnaround with new management team.

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• Cannabis vape firms expect coronavirus outbreak in China to affect hardware supplies.
• New Zealand cannabis firm Helius raises US$12.8 million.
• Australia expects cannabis prescriptions to more than double in 2020.

• St Kitts and Nevis establishes a dedicated Medicinal Cannabis Authority.
• Mexican Justice Committee chair says Senate to vote on legal cannabis this month.
• Lawmakers in Paraguay debate a draft bill on medicinal cannabis use.

• South Africa’s Business Chamber calls for more research into cannabis trade.
• Plans for a cannabis college have been approved in the Eastern Cape, South Africa.

• CB2 cannabinoid receptor activation may alleviate septic lung injury.
• Cannabis can increase susceptibility to false memories, study finds.
• Study finds no evidence of withdrawal symptoms after abruptly ceasing CBD use.

• At least two psychedelics companies are planning to go public in 2020.
• Denver’s psilocybin panel meets for the first time since decriminalisation.

Europe can expect to see progress towards a single-market distribution programme for cannabis-based medicinal products in 2020, creating a platform for the industry to prosper.

The learn more about how this will develop over the next 12 months and beyond, download The European Cannabis Report: 5th Edition.

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Cannabis Europa Madrid brought together the most influential policymakers, business leaders and healthcare professionals from across the European cannabis industry.

Expert panels tackled the most pressing issues in the market discussing Spain’s role in the supply chain, the need for a single-market access programme and the emerging commercial opportunities for international investors.

To view some of the best photos from the event, follow the link below.

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CINTERNATIONAL CANNABIS BUSINESS CONFERENCE

The International Cannabis Business Conference comes to Berlin, Germany on April 1-3, for its fourth year. Network with cannabis professionals and thought leaders from over 70 countries at Europe’s largest cannabis industry B2B conference.

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